Uber plans to enter the real estate business!
Will Uber be successful in a completely new industry for them? It depends on their approach and execution.
It appears the real estate industry is certainly ripe for disruption, efficiency and cost savings. But, the savings may not come from the RE commissions area. More likely, the savings will come from the title industry, escrowing fees and the lending industry.
Once real estate records are on the blockchain (not hard to do); the title insurance industry will be buggywhipped, as will escrowing, wiring fees, etc. Further away - peer-to-peer lending platforms may very well dis-intermediate mortgage lenders!
I'm trying to find a better way to browse steemit. steemit.com get's a bit slow for me.